S&P pushes credit rating for Chicago schools deeper into junk
CHICAGO (Reuters) – S&P Global Ratings on Wednesday dropped its credit rating for the cash-strapped Chicago Public Schools (CPS) deeper into junk ahead of the district’s planned $426.3 million bond sale.
U.S. voters say yes to big bond issues, mixed message on taxes
(Reuters) – U.S. voters on Tuesday favored a surge in borrowing for public projects, approving some of the biggest bond measures on ballots, while support for new taxes was mixed, according to election results on Wednesday.
Death penalty gains new support from voters in several U.S. states
AUSTIN, Texas (Reuters) – The death penalty won newfound support on Tuesday as voters in three states approved ballot measures backing capital punishment, although the results are unlikely to have immediate impact on executions amid legal battles and d…
AIG must defend Bill Cosby against defamation lawsuits
(Reuters) – A federal judge said Bill Cosby’s homeowner’s insurance company must defend him against three civil defamation lawsuits in Massachusetts brought by several women who accused the once-beloved entertainer of sexual abuse.
Republicans defend grip on U.S. Congress as Trump wins presidency
WASHINGTON (Reuters) – Republicans maintained their majorities in both chambers of the U.S. Congress in a momentous election on Tuesday in which Republican Donald Trump won the presidency, empowering the party to reshape Washington.
California approves tax increase on cigarettes
(Reuters) – California voters on Tuesday approved significant tax increases on cigarettes and vaping devices, but similar measures fell short in Colorado, North Dakota and Missouri.
Soda taxes spread after votes in four U.S. cities
(Reuters) – Three California cities voted for a tax on sugar-sweetened beverages and another in Colorado was likely to follow suit, unofficial election results showed on Wednesday, as local governments’ push to cut soda consumption to stem obesity gath…
GM to lay off 2,000 workers at two U.S. plants due to slowing sales
(Reuters) – General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on Wednesday.
U.S. hospitals, hit by Trump win, vow to work with Republicans
WASHINGTON (Reuters) – The U.S. hospital industry on Wednesday said it remained focused on ensuring that Americans have access to health care, and pledged to work the Trump administration and U.S. lawmakers to address the nation’s healthcare challenges…
At under $5 each, Trump’s votes came cheap
WASHINGTON (Reuters) – Donald Trump pulled off one of the biggest upsets in American political history when he toppled Hillary Clinton in the U.S. presidential election on Tuesday – and he did it using far less cash than his rival.
